Philips sees lower comparable sales in first quarter on weak China spending
Philips forecast a mid-single-digit decline in first-quarter comparable sales on Wednesday partly due to weak China spending, after the Dutch healthcare technology company missed expectations for the final three months of last year.
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Philips CEO Roy Jakobs expects the subdued demand in China to continue in 2025, as tariffs also cause market uncertainty.
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Philips today announced a collaboration with Mass General Brigham to develop and deploy data infrastructure and AI.
Koninklijke Philips (NYSE:PHG – Get Free Report) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Thursday. A number of other ...
Integrating advanced data analytics into clinical practice to improve patient care Amsterdam, The Netherlands and Cambridge, MA ...
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Philips and Somerville, Mass.-based Mass General Brigham have entered a partnership to enhance how patient data is collected and used in real time.
JPMorgan analyst David Adlington lowered the firm’s price target on Philips (PHG) to EUR 22.60 from EUR 24.70 and keeps a Neutral rating on the ...
The collaboration aims to allow clinicians to capture, analyse and respond to patient data almost in real-time.
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